Algoma Steel Group Inc. · NASDAQ:ASTL

Algoma Steel — Corporate Update (September 2021)

20 slides from Algoma Steel's corporate update, September 2021

  1. Slide 1: Community Liaison Committee Meeting #38

    Community Liaison Committee Meeting #38 September 2021

  2. Slide 2: Agenda

    Agenda 1. Review of June 8th, 2021 meeting notes 2. Membership Items 3. Algoma Steel Merger 4. Air Emissions Modeling and Monitoring 5. Site Specific Standards / Technical Standards 6. Environmental Compliance Approval updates 7. Legacy Environmental Action Plan 8. Public Complaints 9. Next Meetings

  3. Slide 3: Membership Items

    Membership Items Current Members and Alternates Representation Primary Member Alternate Algoma Steel Fred Post Chris Galizia Ministry of Environment, Conservation & Parks Lori Greco Ron Dorscht Public David Trowbridge Peter McLarty Public Jillian Marquis SSM Tribe of Chippewa Indians Kathie Brosemer

  4. Slide 4: Algoma Steel's Return to Public Markets

    Algoma Steel’s Return to Public Markets May 24, 2021 – Algoma Steel and Legato Merger Corp. Sign Definitive Merger Agreement  The merger is an important step in Algoma Steel’s transformation into a more sustainable company, demonstrating we are increasingly stable and investment worthy.  Our retur

  5. Slide 5: EAF Would Significantly Shrink Algoma's Environmental Footprint

    EAF Would Significantly Shrink Algoma’s Environmental Footprint 3.0MM metric tonnes anticipated reduction (~70%) of • Electric arc steelmaking (EAF) generates carbon GHG emissions(1) representing: substantially less CO2 and other air pollutants compared to Blast Furnace 11% of the Canadian Federal

  6. Slide 6: Air Emissions Modeling

    Air Emissions Modeling Data inputs include:  Five years of hourly meteorological data: wind speeds, wind directions, temperature, barometric pressure, precipitation  Property boundaries, onsite physical structure coordinates, elevations and local terrain data  Emission source data for onsite sour

  7. Slide 7: Air Emissions Modeling

    Air Emissions Modeling Modeling Process  Using all of the data inputs simultaneously, the model calculates predicted dispersions for each point on a receptor grid surrounding the facility beginning at 1 meter intervals at the property boundary and expanding outwards at 2, 4 and 8 meter intervals. 

  8. Slide 8: Air Emissions Modeling and Monitoring

    Air Emissions Modeling and Monitoring Requested discussion topics  Emissions Summary and Dispersion Modelling Report (ESDM)  Process upsets and incidents - Analysis of modeled and site specific monitored data shows Algoma Steel’s model is conservative  Monitoring station locations  The Ministry

  9. Slide 9: Site Specific Standards for Particulate and BaP

    Site Specific Standards for Particulate and BaP On March 27th, 2015 Algoma received a Site Specific Standard (SSS) for Particulate which sets specific emission limits in cokemaking. Expiry of the SSS has since been extended to June 2023 to allow enough time for a technical standard to be developed a

  10. Slide 10: Cokemaking Emissions Performance – 100% compliance

    Cokemaking Emissions Performance – 100% compliance Identifies Key Performance Indicators related to Cokemaking Emissions: o average intensity of pushing emissions o average duration of charging emissions o % lid leaks Conformance calculated daily for o % off-takes leaks each battery o % door leaks N

  11. Slide 11: Site Specific Air Quality Standard - Particulate & B(a)P

    Site Specific Air Quality Standard - Particulate & B(a)P Algoma is operating below the limit for all parameters. 11

  12. Slide 12: Site Specific Air Quality Standard - Particulate & B(a)P

    Site Specific Air Quality Standard - Particulate & B(a)P Pushing Opacity Notes: • 2015 data begins on July 2nd when the SSS came into force • 2021 data includes Jan 1, 2021 to date • Number of audits per year vary based on changing operating conditions To date all corrective actions have been succes

  13. Slide 13: Cokemaking Stack Opacity

    Cokemaking Stack Opacity We have adopted a two-pronged approach to improving stack opacity. Efforts to date are showing positive results: 1. Replacing aging infrastructure and thoroughly inspecting and repairing oven masonry conditions. This minimizes gas leakage from the ovens to the flues and redu

  14. Slide 14: Cokemaking Stack Opacity Performance – Average Opacity

    Cokemaking Stack Opacity Performance – Average Opacity 14

  15. Slide 15: Cokemaking Stack Opacity Performance – Average Opacity Duration >20%

    Cokemaking Stack Opacity Performance – Average Opacity Duration >20% 15

  16. Slide 16: Technical Standard

    Technical Standard Regulatory Instrument to replace existing SSS’s • A new integrated steelmaking industry Technical Standard for multiple air contaminants is under development • Contaminants include: Suspended Particulate Matter, B(a)P, Benzene, Sulfur Dioxide, Total Reduced Sulfur and Manganese •

  17. Slide 17: Environmental Compliance Approvals

    Environmental Compliance Approvals There are currently no applications for new environmental compliance approvals. The MECP has amended the Benzene Emissions Control Environmental Compliance Approval to include new leak detection and repair requirements which will be implemented this calendar year.

  18. Slide 18: LEAP - Addressing Legacy Environmental Issues

    LEAP - Addressing Legacy Environmental Issues Legacy Environmental Action Plan (LEAP) • The LEAP is a risk-based environmental management plan with the objectives of identifying, assessing, managing and mitigating off-site adverse environmental effects caused by Legacy Environmental Contamination at

  19. Slide 19: Public Complaints

    Public Complaints The following public complaints were received by the Company since the last CLC: • 2 Odour – Unknown source • 2 Particulate – Visible emissions from cokemaking An internal investigation into each public complaint is conducted and a report is submitted to the MECP and a summary is l

  20. Slide 20: Next Meetings

    Next Meetings • Proposed 2021 Schedule: • Dec 14th, 2021 • Mar 8th, 2022 20

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